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Dividend Vision

SI Stock — Shoulder Innovations, Inc.

Shoulder Innovations, Inc. (SI)

Updated October 16, 2026.

SI is a Stock. Total return is 20.2% over the past 1.2 years, 2.2 points behind SPY at 22.4%.

Shoulder Innovations, Inc. is a medical device company that develops and markets advanced implant systems for shoulder arthroplasty and other shoulder surgical care applications. The company does not currently have an established distribution schedule. This stock may appeal to investors seeking exposure to orthopedic medical device innovation rather than current income.

SI performance versus SPY

Price and return data through 2026-10-16.

Total return is 20.2% over the past 1.2 years, 2.2 points behind SPY at 22.4%. Its deepest 1-year drawdown was 77.4%.

WindowTotal returnCAGR
1M1.1%—
3M-19.7%—
6M28.1%—
YTD26.5%—
1Y47.1%—
Since inception (1.2 years)20.2%16.40%

SI key facts

Asset type
Stock
Asset class
Equity
Inception date
07/31/2025
Distribution frequency
None
Last close
$18.09 (as of 2026-10-16)
Market cap
$253,260,000
Average volume
61618.0
Payout ratio
0.0%
P/E ratio
22.3827

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 77.4%.

Who may consider SI — and who may not

It is a weaker fit for investors who need monthly cash flow (SI does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SI

Frequently asked questions

Does SI pay monthly?

No. SI does not currently distribute.

When does SI pay a dividend?

SI does not currently distribute.

How has SI performed?

Total return is 20.2% over the past 1.2 years, 2.2 points behind SPY at 22.4%. Its deepest 1-year drawdown was 77.4%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.